Oakville-Burlington Real Estate Update - June 2023

Thursday Jul 06th, 2023



Oakville-Burlington...June 2023 residential re-sale housing sales summary as reported by the Oakville, Milton and District Real Estate Board and the Realtors Association of Hamilton-Burlington...



Oakville: Active Listings: 318       

#of Sales June 2023: 185   

Months of Inventory: 1.72

Burlington: Active Listings: 305       

#of Sales June 2023: 275     

Months of Inventory: 1.11  

0-3 Months = Seller’s Market   /   3-4 Months = Balanced Market   /   4+ Months = Buyer’s Market


*The average home price is found by adding the value of all sales and dividing by the number of homes.
*The median sale price is the midpoint of all sales.
Source: Oakville, Milton and District Real Estate Board (OMDREB) and Realtors Association of Hamilton-Burlington (RAHB). Statistics are never 100% accurate - they are a tool to be used in conveying a pattern that reflects trends and changes.



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